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Europe Daily Bulletin No. 9674

4 June 2008
GENERAL NEWS / (eu) eu/ecofin council
Unresolved differences over supervision of insurance companies under 'Solvability II'

Luxembourg, 03/06/2008 (Agence Europe) - On Tuesday 3 June 2008, EU finance ministers took note of a progress report on work on the draft Solvability II Directive that introduces new EU solvability and supervision rules for European insurance and re-insurance companies. Despite progress this year on the less controversial aspects, differences remain over key points of the legislation, like supervision of insurance companies. Andrej Bajuk, Slovenia's finance minister, said he was certain that...

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